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IN BRIEF: Reabold Resources says loss balloons in 2023

31st May 2024 14:15

Reabold Resources PLC - London-based oil and gas investor - 2023 pretax loss widens to GBP7.2 million from GBP45,000 the year prior. No revenue generated, down from GBP560,000. Operating loss increased to GBP7.2 million from GBP97,000. Administrative expenses rise to GBP2.2 million from GBP1.7 million driven by acquisitions.

Current London stock price: 0.071 pence

12-month change: down 49%

By Elijah Dale, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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